NxtGen "Pitch & Poster" Winner at AnnConf18

The Pitch & Poster session, hosted by NxtGen, is run every year at the IAM Annual Conference. It is an excellent opportunity for newcomers to asset management to show their potential and discuss their work with experienced professionals. Adopting the conference theme for Day 2, this year's Pitch & Poster session looked for entries on Innovation & Transformation.

Looking to future applications and developments, Alex talked about the possibilities of using Artificial Intelligence and Digital Twin to auto-detect conditions and make semi-autonomous asset management decisions.

Alex Bailey of Anglian Water also presented an excellent poster titled, "How Anglian Water is making everyone an asset manager".

He focused on the organisational transformation from perceiving asset management as a standalone discipline, to treating it as an integral part of core areas of the organisation.

The session showcased how asset management is being adopted by organisations as a fundamental practice in order to increase efficiency and accuracy, as well as to meet growing customer expectations and operate in a sustainable manner. A strong focus of the presentations was on looking forward and the innovative practices being put in place now to meet future requirements.

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The international professional body for asset management professionals. The IAM develops asset management knowledge and best practice, and generates awareness of the benefits of the discipline for the individual, organisations and wider society.